banks
Metropolitan Bank Heads for Crypto Exit
The bank cited recent developments in the crypto industry as one of the reasons for the move.
US Federal Reserve, Other Agencies Continue to Warn Banks About Crypto
U.S. banking regulators argue that the past year of crypto drama underscores the need to keep banks at an arm’s length from the industry.
Basel Committee Endorses Global Crypto Banking Rules to Be Implemented by 2025
The rules suggested that a bank's exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%.
Bitcoin Group Agrees to Buy German Bank Bankhaus von der Heydt for More Than $15M
The transaction is expected to be completed by the third quarter of 2023.
US Watchdog Says Banks Shying Away From Stumbling Crypto Industry
The OCC chief says lenders seem to be backing away from the industry’s recent dramas, and a new report from his regulatory agency criticizes the sector for "weak," risky practices.
Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions
Citigroup, HSBC, BNY Mellon, Wells Fargo and Mastercard, are among the financial giants taking part.
Binance CEO Zhao Considering Buying Banks: Report
Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a Bloomberg report.
Mastercard Joins With Paxos to Help Banks Offer Crypto Trading
The payments giant will verify transactions and help banks follow compliance rules
Ugly Bargains Between Banks and Regulators Are Rearing Their Head Again
The "know your customer" and anti-money laundering system imposes constraints on financial access and inhibits liberty and privacy, even though the original security intent was reasonable.
JPMorgan Closed Kanye’s Account. Yes, There’s a Crypto Angle
“Financial censorship” proves crypto’s point, and pushes us towards a world where people are more individualistic and self-reliant.
